Never Seen A Tesla Do That...

[] are American automakers toast？ [View in browser]( [View in browser]( [] MAY 17, 2024 [] [] Geof Smith is sharing tips, tricks and market insights in his FREE Telegram channel! [Click here to join now!]( [] PROSPERITY PUB MARKET TALK Never Seen A Tesla Do That… There’s been a lot of talk about Chinese EVs, but it wasn’t until we saw a recent video review of the Yangwang U8 by Forrest Auto Reviews that we realized US automakers might be in real trouble. In the video, the Yangwang U8, made by the luxury arm of Chinese EV giant, BYD, demonstrates a "tank spin" maneuver that is as impressive as it is unsettling for American automakers. [] Let’s take a trip back in time: Anyone old enough to remember the 80’s remembers the fear that Japan would dominate the auto industry with their innovative designs and superior engineering. However, a combination of economic factors, trade policies, and the resilience of American manufacturers prevented Japan from taking over the market completely. Cut to 2024 — the same fearful whispers can be heard about China. Chinese companies have made significant strides in technology, infrastructure, and manufacturing, with electric vehicles being a prime example of their advancements. And China has made tremendous strides as a country, rising up ot its current position as the world’s #2 economy, ahead of Germany. President Biden has taken a tough stance on China, emphasizing the need to protect American industries and maintain a competitive edge. His administration has implemented measures to curb the influence of Chinese technology and investments in key sectors, aiming to bolster domestic innovation and production. But will keeping Chinese EVs out of American hands be enough? The Yangwang U8's tank spin capability isn't just a gimmick; it showcases the kind of innovation and engineering prowess that could attract consumers worldwide. In [the video]( the reviewer can be seen demonstrating some truly mind-blowing features. The car is equipped with massage seats, a built-in cooler to keep your drinks chilled on the go, advanced self-driving features and even voice-activated controls. While the Chinese EV that was reviewed in that video is a luxury model — and it comes with an equivalent luxury price — the equivalent of about $150,000 in the US, it is important to note that Chinese automakers have a wide range of vehicles at various price points. Some of these vehicles are astoundingly affordable, offering features and quality that American automakers have struggled to match at similar price levels. This versatility and affordability are key factors driving the popularity of Chinese EVs both domestically and internationally. Meanwhile, US EV makers like Tesla, Rivian, and Fisker have been experiencing their own set of challenges. Tesla has faced production delays and quality control issues, Rivian has struggled with scaling up production, and Fisker has encountered financial hurdles. Add to that the overall slowdown of demand for EVs, possibly because the higher-end consumer who can afford the prices on these cars already have one. American EV makers might need to adjust their offerings to come in at better price points in order to stimulate demand from other segments of the market. TSLA Stock Meanwhile, our own Jeffry Turnmire has had a longtime downside target of between 160 and 140 for TSLA stock. When the stock hit 138 right before earnings, Jeffry told us that it could be getting ready to go higher. Sure enough, despite bad earnings, TSLA bounced hard — as much as 43% from its lowest point. And while Tesla is still struggling with slow sales, a slightly unstable CEO — and most recently, a federal judge who gave the go-ahead for a lawsuit from Tesla owners who claim the company misrepresented the self-driving capabilities of its vehicles. But as Jeffry tells us: The news doesn’t make the charts. And as unlikely as it seems now, he claims that while the stock faces significant upside resistance, TSLA could go on to hit longer-term upside targets or 350 and even 500. We wouldn’t call this a tradeable opportunity yet. But keep your eye on TSLA. — The Prosperity Pub Team [] [] Most Investors Are Not Even Aware… In less than 30 days, we could face the biggest market event of the year—possibly bigger than the election. Reuters reports we’re setting up for the "greatest credit bubble in human history," and Business Insider warns the setup looks just like Black Monday in 1987. Join economic expert Alex Reid and Jack Carter to discover how savvy investors can survive — and thrive this earth-shattering event. [Click here to register your spot now!*]( *Click to opt-in to information from Fallout & get periodic updates from Alex Reid ([privacy policy](. [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: TGT Back in January of this year, we mentioned Target (TGT). At the time, it was in the middle of a Deep Value journey up to “fair value”. If you recall, TGT got involved in some controversy and some angry internet protesters vowed to push TGT into financial distress. And they did. For a minute. In October 2023, Target was pushed down far below “fair value” (the 800 simple moving average) and hit the lower Bollinger Band™. It seemed bad for the company at the time, but it was a good company that was being punished by a temporary emotional reaction. Were people really going to stop going to Target for the rest of their lives? When we talked about it in January, the stock was up over 30% and still had a way to go to get to the moving average. What has happened since? [] On April 1, 2024, TGT hit “fair value” of $179.89. An entry at the lower Band would’ve been at $105.01. That’s a 70% gain in about five months. If we used a system and not emotions. Happy trading, Scott [] [] *Click to opt-in to information from Fallout & get periodic updates from Alex Reid ([privacy policy](. [] [] MAY 17, 2024 [] [] Geof Smith is sharing tips, tricks and market insights in his FREE Telegram channel! [Click here to join now!]( [] PROSPERITY PUB MARKET TALK Never Seen A Tesla Do That… There’s been a lot of talk about Chinese EVs, but it wasn’t until we saw a recent video review of the Yangwang U8 by Forrest Auto Reviews that we realized US automakers might be in real trouble. In the video, the Yangwang U8, made by the luxury arm of Chinese EV giant, BYD, demonstrates a "tank spin" maneuver that is as impressive as it is unsettling for American automakers. [] Let’s take a trip back in time: Anyone old enough to remember the 80’s remembers the fear that Japan would dominate the auto industry with their innovative designs and superior engineering. However, a combination of economic factors, trade policies, and the resilience of American manufacturers prevented Japan from taking over the market completely. Cut to 2024 — the same fearful whispers can be heard about China. Chinese companies have made significant strides in technology, infrastructure, and manufacturing, with electric vehicles being a prime example of their advancements. And China has made tremendous strides as a country, rising up ot its current position as the world’s #2 economy, ahead of Germany. President Biden has taken a tough stance on China, emphasizing the need to protect American industries and maintain a competitive edge. His administration has implemented measures to curb the influence of Chinese technology and investments in key sectors, aiming to bolster domestic innovation and production. But will keeping Chinese EVs out of American hands be enough? The Yangwang U8's tank spin capability isn't just a gimmick; it showcases the kind of innovation and engineering prowess that could attract consumers worldwide. In [the video]( the reviewer can be seen demonstrating some truly mind-blowing features. The car is equipped with massage seats, a built-in cooler to keep your drinks chilled on the go, advanced self-driving features and even voice-activated controls. While the Chinese EV that was reviewed in that video is a luxury model — and it comes with an equivalent luxury price — the equivalent of about $150,000 in the US, it is important to note that Chinese automakers have a wide range of vehicles at various price points. Some of these vehicles are astoundingly affordable, offering features and quality that American automakers have struggled to match at similar price levels. This versatility and affordability are key factors driving the popularity of Chinese EVs both domestically and internationally. Meanwhile, US EV makers like Tesla, Rivian, and Fisker have been experiencing their own set of challenges. Tesla has faced production delays and quality control issues, Rivian has struggled with scaling up production, and Fisker has encountered financial hurdles. Add to that the overall slowdown of demand for EVs, possibly because the higher-end consumer who can afford the prices on these cars already have one. American EV makers might need to adjust their offerings to come in at better price points in order to stimulate demand from other segments of the market. TSLA Stock Meanwhile, our own Jeffry Turnmire has had a longtime downside target of between 160 and 140 for TSLA stock. When the stock hit 138 right before earnings, Jeffry told us that it could be getting ready to go higher. Sure enough, despite bad earnings, TSLA bounced hard — as much as 43% from its lowest point. And while Tesla is still struggling with slow sales, a slightly unstable CEO — and most recently, a federal judge who gave the go-ahead for a lawsuit from Tesla owners who claim the company misrepresented the self-driving capabilities of its vehicles. But as Jeffry tells us: The news doesn’t make the charts. And as unlikely as it seems now, he claims that while the stock faces significant upside resistance, TSLA could go on to hit longer-term upside targets or 350 and even 500. We wouldn’t call this a tradeable opportunity yet. But keep your eye on TSLA. — The Prosperity Pub Team [] [] Most Investors Are Not Even Aware… In less than 30 days, we could face the biggest market event of the year—possibly bigger than the election. Reuters reports we’re setting up for the "greatest credit bubble in human history," and Business Insider warns the setup looks just like Black Monday in 1987. Join economic expert Alex Reid and Jack Carter to discover how savvy investors can survive — and thrive this earth-shattering event. [Click here to register your spot now!*]( *Click to opt-in to information from Fallout & get periodic updates from Alex Reid ([privacy policy](. [] [] SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: TGT Back in January of this year, we mentioned Target (TGT). At the time, it was in the middle of a Deep Value journey up to “fair value”. If you recall, TGT got involved in some controversy and some angry internet protesters vowed to push TGT into financial distress. And they did. For a minute. In October 2023, Target was pushed down far below “fair value” (the 800 simple moving average) and hit the lower Bollinger Band™. It seemed bad for the company at the time, but it was a good company that was being punished by a temporary emotional reaction. Were people really going to stop going to Target for the rest of their lives? When we talked about it in January, the stock was up over 30% and still had a way to go to get to the moving average. What has happened since? [] On April 1, 2024, TGT hit “fair value” of $179.89. An entry at the lower Band would’ve been at $105.01. That’s a 70% gain in about five months. If we used a system and not emotions. Happy trading, Scott [] [] *Click to opt-in to information from Fallout & get periodic updates from Alex Reid ([privacy policy](. [] [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](